• Top U.S. stock indices drop for third consecutive day on Wednesday

    The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward...

    Technology-heavy Nasdaq Composite slid 1.15% to 15,683.37

    Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower

  • Crypto soars in MENA even as it loses sheen elsewhere

    A tech-savvy population sees cryptocurrencies a safe investment option as governments adopt progressive regulatory frameworks, offering innovation and investor protection.

    The Middle East has emerged as the sixth-largest crypto economy globally, according to a report by Chainalysis

    Analysts feel the UAE has demonstrated a forward-thinking approach to harnessing and regulating the crypto sector

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    Special economic zones are a new craze in Middle East

    Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...

    In 2023, Saudi Arabia set up four new special economic zones, with incentives for international companies to operate within the kingdom

    SEZs are seen as catalysts for economic diversification, which offer platforms for innovation, entrepreneurship, and investment in non-oil sectors

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    Germany shares observations on Qatar hosting Autonomous e-Mobility Forum

    In its efforts toward sustainable transportation, the German embassy is the first diplomatic representation in Doha to utilize an electric...

    The diplomats shared their observations and views on Qatar’s trajectory as a hub for dialogue and the potential of autonomous e-mobility moving forward

    The German embassy is indeed the first diplomatic representation in Doha to utilize an electric vehicle as a staff car

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    QFZ, AEMOB to drive EV innovation

    AEMOB Forum will be held in Qatar from April 30 to May 2

    The collaboration harnesses QFZ’s unique position in facilitating trade and investment to propel the e-mobility ecosystem forward

    Scheduled to convene in Doha, Qatar from April 30 to May 2, the AEMOB Forum serves as a platform for driverless e-mobility

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    Tehran, Baghdad to launch maritime passenger transport line

    TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...

    Given the readiness of Iran’s Abadan and Khorramshahr ports for the transportation of passengers to the destination of Wasliya and Basra ports in Iraq..

    the officials of the two sides have expressed their readiness for the initiation of the transportation of passengers via sea, Ali Akbar Safaei emphasized.

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    Air Arabia Egypt marks its first flight to Istanbul

    CAIRO, Egypt – Air Arabia Egypt on Sunday commenced its first non-stop flight from Cairo International Airport to Sabiha Gökçen...

    Upon arrival at Istanbul, the flight was greeted with a water cannon salute and a welcome ceremony.

    The newly added route will connect both cities with a frequency of three weekly flights.

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    DWTC welcomes 2.47m visitors in 2023, says EVP

    DUBAI, UAE – Executive Vice President, Dubai World Trade Center (DWTC)  Mahir Julfar said that the DWTC's performance in 2023...

    Over 722,000 were international visitors to various events, showcasing an unparalleled 60 percent growth rate year-on-year.

    Flagship events such as GITEX Global and Gulfood maintained their leadership positions in their respective sectors.

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    Jordanian industrialists call for export diversification

    AMMAN, JORDAN – Jordanian industrialists have emphasized the imperative of strategic planning to bolster export diversification, underlining key measures such...

    They called for expanding outreach to foreign markets, fostering collaboration between the government and the industrial sector.

    Jordan has taken several measures to stimulate domestic exports, improve market access and maximize the benefits of existing free trade agreements.

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    Tesla to unveil robotaxi in August

    Its shares rose more than three percent in after-market trades.

    Tesla models with Full Self-Driving "will be superhuman to such a degree that it will seem strange in the future that humans drove cars," Elon Musk wrote in his post on X

    Musk has also said that owners of Tesla vehicles with FSD will be able to have their cars serve as robotaxis, rather than remain idly parked